Cospower Engineering Limited

Cospower Engineering Limited IPO Details

Cospower Engineering Limited IPO subscription period from Mar 17 to Mar 19, 2020:

Cospower Engineering Limited incorporated in 2010. The company involved in the manufacturing of electrical panels, equipment mounting structure, harmonic filters, and substation. The plans launch a new IPO, Cospower Engineering Ltd IPO. The IPO subscription will start on 17th March and it will end on 19th March 2020. 

Cospower Engineering Limited IPO Details:

Bid Period March 17 to March 19, 2020
IPO Type Fixed Price Issue IPO
IPO Size 400,000 Eq Shares of Rs 10 (aggregating up to Rs 2.04 cr)
Face Value Rs 10 Per Eq Share
IPO Price Rs 51 Per Eq Share
Market Lot 2000 Shares
Min Order Quantity 2000 Shares
Listing At BSE SME

It is a ‘Fixed Price Issue’ IPO with the face value of Rs 10 per equity share. The size of the issue is 400.000 equity shares with an aggregating up to Rs 2.04 crore. Moreover, the price of the IPO is Rs 51 per equity share.

The minimum amount of investment should be Rs 102,000 for a single lot (1 lot= 2000 shares). The Cospower IPO will be listed in BSE SME. 

Promoter Holdings:

The promoter of this initial public offering is Mr. Oswald Rosario Dsouza and Mr. Felix Shridhar Kadam. 

Pre Issue Share Holding 100%
Post Issue Share Holding

The object of the company, it plans to utilize the raised amount for existing capital requirements, general corporate purpose and for the IPO expenses. 

IPO Registrar:

Bigshare Services Pvt Ltd

1st Floor, Bharat Tin Works Building,

Opp. Vasant Oasis, Makwana Road, 

Marol, Andheri (E), Mumbai – 400 059

Phone: +91-22-6263 8200

Email: ipo@bigshareonline.com

Website: Http://www.bigshareonline.com

Disclaimer: This post is just information about the IPO. It does not give any advice or recommendation. Please read the offer document carefully and consult your advisor before investing.

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